Signature Assignment SWOT Analysis - Signature Assignment...

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Signature Assignment: SWOT AnalysisJamie RossignolHCS 449December 9, 2016Tesa McCarter
Signature Assignment: SWOT AnalysisUnderstanding how to use SWOT analysis is vital in any business industry but can be extra beneficial in the healthcare industry. Not any other industries have so many different impacts in the same way the healthcare industry does and this is because the healthcare industry must change as much as not only people change but also as much as technologies changes and taking this into consideration change is always taking place. Knowing the strengths and weaknesses, opportunities and threats can give great insight into how your organization is doing and where and what changes need to be made in order to do better and improve upon. In this paper a SWOT analysis will be conducted in combination with a business plan in order to complete a final strategic business plan and two factors of each of the SWOT categories will be included to complete the recommendations. It will also cover the value of conducting an individual SWOT analysis as opposed to a group analysis with other stakeholders. SWOT FactorsCommunity Hospital is non-profit, acute care facility looking to open a second, urgent care, location in a strip mall. It is important to consider the SWOT factors in conjunction with the business plan to determine if this plan is achievable. The Community Hospital is currently an accredited organization under the Joint Commission which is always a positive strength as accreditation requires a higher standard of work and safety procedures. The hospital also has an excellent management system with an extremely low volume of medical malpractice claims(University of Pheonix, n.d.).Another strength is the fact that over half of the employees have college experience while at least a quarter of those have an advanced degree. The weaknesses of the organizations definitely need work as the company has a low market

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